North Carolina forward Luke Maye has announced he will withdraw from the NBA draft. In a message posted on his Instagram account Thursday morning, Maye said that he would be returning to UNC next season. “I have had a great experience learning from the NBA process and growing as a basketball player during the past couple weeks,” Maye wrote. “Through this process, I have decided that I am going to comeback (sic) to school to improve as a player and finish my college career.”

Corporate sponsors spent an estimated $1.12 billion on the NBA this season, fueled by the new sponsorship patches on team jerseys. That figure comes from IEG/ESP, a division of ad agency WPP that tracks sponsor spending and ROI on the major US sports leagues. This is the first time NBA sponsor spend has topped $1 billion. For comparison, it puts the NBA between MLB ($892 million) and the NFL ($1.25 billion) in sponsorship spend. The $1.12 billion is 31% higher than the $861 million in NBA sponsor spend last season, a much bigger increase than was projected. Sponsorship spend in the big four pro leagues typically gets bigger every year, but the NBA spend grew by far more than expected.